BTC declines 1% over 24 hours amid a $36 million exploit and stronger gains in equities and commodities.
Bitcoin retreated to $62,500, down 1% in the past day and nearly 3% from Monday’s peak, as global risk assets extended gains. The Nasdaq 100 futures rose 0.9%, building on yesterday’s 1.5% advance, while WTI crude oil dropped 2.15% to $89.34 per barrel amid easing geopolitical tensions.
The decline follows a $36 million exploit of the Humanity Protocol’s H token, adding to recent security incidents across alternative blockchains. Broader market sentiment shifted as investors rotated into equities, reducing demand for crypto as a hedge.
Bitcoin’s pullback contrasts with the Nasdaq’s rally, signaling a divergence in risk appetite between traditional and digital asset markets.